Tag Archives: Policy

Credit Policy: Types and Aspects

By | May 20, 2018

Credit policy is an important part of the overall strategy of a firm to market its products. It refers to those decision variables that influence the amount of trade credit i.e investment in receivables. Credit policy can be lenient or stringent. There are two types of credit policies. Let us know about them in brief. a) Lenient/Loose/expansive Credit Policy: Under this policy,… Read More »

Objectives of India Export-Import Exim Policy

By | September 12, 2017

A new export and import policy were framed in 1992 which was effective till 1997. Since then new changes have been made in the policy to achieving the following objectives: To enhance the level of exports; To improve the balance of payment; To improve the balance of trade; To enhance the reverse of foreign exchange; To allow import… Read More »

Small Exporter’s Policy

By | December 11, 2016

The small exporter’s policy is the standard policy. It incorporates certain improvement regarding cover, to encourage small exporters to obtain and operate the policy, The main features of small exporter’s policy are listed below point-wise: The policy is issued to exporters whose anticipated export turnover for the next 12 months does not exceed Rs.50 lakhs. The policy is… Read More »